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Bullboard - Stock Discussion Forum CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

TSX:CUS.DB.D - Post Discussion

CANEXUS CORP 6.5 PCT DEBS > BNN 9/15, Franklin Bissett still on board sees value here
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Post by Beabaggage on Sep 16, 2014 12:19pm

BNN 9/15, Franklin Bissett still on board sees value here

not selling feels patience will be rewarded as they were with New Flyer, assets are valuable, problem could be MEG positioning as many on the board have noted etc. co mutual fund portfolio mgr Lindquist interviewed on yesterday show 9/15.. she did mention all the debt CUS has taken on.. I have been reading that California CA oil imports however are down 79% this year as the state's shale plays have moved a lot of oil. Of course some oil is going out via Calif for CPG to Asia... interesting times as the hodge podge of infrastructure assets in US and CA position themselves for the future. Ultimately economies of scale will probably prevail. I think there are better op's for yield w less risk at this price, 4.91. glta Bea
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